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Dollar General 57 Houlton Rd

9,160 SF Retail Building Baileyville, ME 04694 $1,127,780 ($123/SF) 7.70% Cap Rate

Storefront Properties Maine Baileyville 57 Houlton Rd, Baileyville, ME 04694

Investment Highlights

  • 2018 Dollar General Store With 8+ Years Remaining on Primary Term
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • Limited Retail Competition - Primary Source of Retail Goods in the Area, the Only Dollar Store Within 5 Miles
  • Attractive Lower Price Point for Absolute NNN Lease Dollar General
  • 10% Rental Increase Every 5 Years Throughout Option Periods
  • Strategically Positioned Near Intersection of Houlton Rd and Airline Rd With Combined Traffic Counts of 7,600+ VPD

Executive Summary

In Cooperation With Brian Brockman at Bang Realty-New England Inc | ME #DB921170 | bor@bangrealty.com

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,160 SF
Building Class
B
Year Built
2018
Price
$1,127,780
Price Per SF
$123
Cap Rate
7.70%
NOI
$86,839
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.27 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

1 of 1
(817) 584-2000

Contacts

  • Listing ID: 32906071

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 57 Houlton Rd, Baileyville, ME 04694

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Dollar General | 57 Houlton Rd
(817) 584-2000 x

Dollar General | 57 Houlton Rd

1/4

Cody Crist

(817) 584-2000

(817) 584-2000

Eric Kelley

(817) 328-5223

(817) 328-5223

Chance Hales

(806) 679-9776

(806) 679-9776

Branson Blackburn

(682) 233-5223

(682) 233-5223

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